Technologies such as Low-Code/No-Code (LCNC) and Robotic Process Automation (RPA) have become fundamental in the digital transformation of companies. These platforms can introduce risks related to controlling and protecting corporate data.
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The relentless pursuit of faster software delivery can leave gaping holes in defenses, where bad actors lie in wait. In the fast-paced world of DevOps, where agility and speed reign supreme, security often finds itself playing the dangerous second fiddle.
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It’s officially the Christmas holiday shopping season and scammers are happily draining online shoppers gift budgets with wild abandon. The FBI warned consumers last week that holiday-related fraud is growing. E-commerce sales should exceed $260 billion this year and even if scammers maintain the same activity as 2023, they should come away with a cool $10 billion. No matter what the cybersecurity industry comes up with in the form of protections for consumers it is negated by retail platforms like Amazon, Google and Temu.
The Federal Trade Commission (FTC), identifies individuals aged 18 to 39 are 25% more likely to fall victim to online shopping scams than older adults. These shoppers rely heavily on e-commerce platforms and social media ads that are scams disguised as unbelievable holiday deals.
Cutting back
One might think that online retailers are ramping up systems to curb that kind of abuse. You would be very wrong. According to recent reports, retailers are growing security spending by 8% in 2024, compared to rates of rates of 16% and 17% seen in 2021 and 2022 respectively. In some cases, retailers are cutting security budgets.
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The Veeam Ransomware Trends Report 2024 noted that “many organizations are unprepared to recover from an attack.”
This exposes a strong need for enterprises to institute a cyber-focused, recovery-first strategy in order to secure their enterprise data storage infrastructure.
The Zero Trust approach treats every user and every access request in the system as a potential threat and approaches them with suspicion. This approach may seem difficult and complicated at first glance, but its basis is extremely simple.
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These days cybersecurity garners attention at the highest levels of government. But more decisive action is needed by world leaders to collectively strengthen defences globally, before the next advances in technology give cyber criminals a major advantage.
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As we approach 2025, the notion of warfare is increasingly shifting from the physical to the digital domain. Cyberwarfare, once considered a supplementary tool for traditional military operations, has now emerged as a primary weapon for nations
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Organizations often find themselves in a continuous "chase," attempting to identify and neutralize the threat of exposed credentials before they are exploited.
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The evolving landscape for something like cybersecurity faces the same social evolution that we see in other areas of our lives. If we don’t keep up, we will be left behind.
While AI holds the potential to be a powerful tool for positive change, it can also be weaponised by bad actors, amplifying risks we have never encountered before. One of the most alarming threats is the rise of deepfakes; videos or audio created using AI to imitate real people.